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Digital Transformation: Businesses Slow to Accept Transformation

By Dick Weisinger

Digital Transformation?  Analysts and consultants like Gartner, EY and PwC say that to compete and succeed, businesses need to adopt new technologies.

A new survey by Forrester though found that digital transformation is happening very slowly.  They characterize the progress of organizations as being in a “sorry state.” The report found that 84 percent of companies don’t have people on staff with the right skills to implement digital transformation and less than 20 percent of leaders feel confident that they’ve adopted the right technology to help them with digital transformation.

21 percent of companies say that they’ve made the digital transformation and are done — despite the fact that technology is changing at a blistering pace.  And another 22 percent say that they see no need to do anything with digital transformation.

Areas where adoption of digital technologies has been slow include:

  • Only 31 percent of companies say that security is a top priority for them
  • Only 17 percent of companies say that they are investing in artificial intelligence
  • 45 percent of companies haven’t yet invested in SaaS
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